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GBP/USD daily outlook
Členom od Apr 09, 2016
421 príspevkov
Nov 23, 2017 at 09:36
Členom od Apr 09, 2016
421 príspevkov
The British pound recorded a significant increase against the US dollar on Wednesday. The currency pair opened at 1.3237 and the price managed to break the first resistance at 1.3260. The pound finished at 1.3323 and in the short term the outlook remains positive, the immediate target is 1.3440.
Členom od Oct 02, 2014
909 príspevkov
Nov 23, 2017 at 17:54
Členom od Oct 02, 2014
909 príspevkov
GBP/USD is climbing steady this week. I think the trend have more power in itself.
Positivity
Členom od Apr 09, 2014
834 príspevkov
Nov 27, 2017 at 07:32
Členom od Apr 09, 2014
834 príspevkov
Gbp/Usd seems has lost it upside momentum, hovering around 1.33 level, break above 1.3360 would send the pair back to its bullish trend.
Členom od Jul 10, 2014
1117 príspevkov
Nov 28, 2017 at 17:02
Členom od Jul 10, 2014
1117 príspevkov
Despite forming a new high at 1.3382 GBP/USD bounced off from that level and formed a shooting star candlestick on the daily time-frame before continuing moving to the downside. If it breaks out below 1.3220 it will probably fall back to 1.3140, which is the (MA)89 indicator on the daily time-frame.
Členom od Nov 16, 2015
708 príspevkov
Nov 28, 2017 at 17:43
Členom od Nov 16, 2015
708 príspevkov
An extremely dynamic session recorded the pound against the dollar on Monday. Despite the volatile trend, however, the opening price was close to closing at 1.3320 and 1.3316, respectively. At first, the moods dominated and the pair reached a peak at 1.3382, breaking the first resistance at 1.3371. Subsequently, the pound totally lost its accumulated positions.
Členom od Nov 16, 2015
708 príspevkov
Nov 28, 2017 at 17:45
Členom od Nov 16, 2015
708 príspevkov
Support: 1.3244; 1.3206;
Resistance: 1.3371; 1.3455;
Resistance: 1.3371; 1.3455;
Členom od Apr 09, 2016
421 príspevkov
Nov 29, 2017 at 12:11
Členom od Apr 09, 2016
421 príspevkov
The pound recorded a second consecutive volatile session against the dollar on Tuesday. Trading was open at a rate of 1.3316, as in the early hours the bearish sentiment was leading. So the pair broke the first support at 1.3244, after being hit bottom for the day at 1.3221. Subsequently, the trend sharply changed and the final was put in favor of the British currency at 1.3337. If the bullish moods continue, the resistance at 1.3404 will be tested.
Členom od Jul 10, 2014
1117 príspevkov
Nov 29, 2017 at 19:49
Členom od Jul 10, 2014
1117 príspevkov
GBP/USD bounced off from 1.3220 and rallied again, breaking out above 1.3382. The pair will likely continue moving to the upside towards 1.3500.
Členom od Oct 02, 2014
909 príspevkov
Nov 30, 2017 at 19:25
Členom od Oct 02, 2014
909 príspevkov
The Sterling saw massive buying this week. Good news coming from the UK.
Positivity
Členom od Jul 10, 2014
1117 príspevkov
Nov 30, 2017 at 20:19
Členom od Jul 10, 2014
1117 príspevkov
The pair did continue moving to the upside towards 1.3500. For now it is still very bullish and it will probably continue moving to the upside towards the last high at 1.3655.
Členom od Apr 09, 2016
421 príspevkov
Dec 02, 2017 at 08:50
(upravené Dec 02, 2017 at 08:51)
Členom od Apr 09, 2016
421 príspevkov
The British pound was down against the US dollar on Friday. By the close of US trading, GBP/USD was trading at 1.3472, losing 0.42%. I believe that support is now at around 1.3221, Tuesday's low, and resistance is likely at 1.3550, the maximum of Friday's trading.
Členom od Apr 09, 2014
834 príspevkov
Dec 04, 2017 at 15:39
Členom od Apr 09, 2014
834 príspevkov
The uncertainty with Brexit negotiations continue affect Pound, support level can be found around 1.3420, break below will deeper the bearish correction movement.
Členom od Jul 10, 2014
1117 príspevkov
Dec 04, 2017 at 20:06
(upravené Dec 04, 2017 at 20:06)
Členom od Jul 10, 2014
1117 príspevkov
csc2009 posted:
The uncertainty with Brexit negotiations continue affect Pound, support level can be found around 1.3420, break below will deeper the bearish correction movement.
It bounced off from 1.3420 again and since the sideways consolidation continues it will probably start moving to the upside towards 1.3500.
Členom od Nov 16, 2015
708 príspevkov
Dec 05, 2017 at 17:32
Členom od Nov 16, 2015
708 príspevkov
The British pound recorded a volatile session against the US dollar on Monday. The currency pair opened at 1.3436 and finished 42 pips higher. The chart continued to grow above the moving averages, while the relative strength index remained neutral. If the direction is maintained, there may be an attempt to test the first resistance at 1.3540.
Členom od Jul 10, 2014
1117 príspevkov
Dec 07, 2017 at 17:43
Členom od Jul 10, 2014
1117 príspevkov
GBP/USD bounced off from 1.3315. The pair is still bullish and the move to the upside may continue towards 1.3500.
Členom od Oct 02, 2014
909 príspevkov
Dec 08, 2017 at 14:23
Členom od Oct 02, 2014
909 príspevkov
Good move on the cable lately.
Positivity
Členom od Dec 11, 2017
229 príspevkov
Dec 11, 2017 at 08:30
Členom od Dec 11, 2017
229 príspevkov
Gbp/Usd short term seems turned towards downside, support level can be found around 1.3350 and follow by 1.3310.
Členom od Nov 21, 2017
33 príspevkov
Dec 15, 2017 at 11:39
Členom od Nov 21, 2017
33 príspevkov
On a short term. I think the pound will go down to the point of 1.32763.
Členom od Oct 02, 2014
909 príspevkov
Dec 16, 2017 at 18:36
Členom od Oct 02, 2014
909 príspevkov
The pair has been difficult to trace lately.
Positivity
Členom od Dec 11, 2017
229 príspevkov
Dec 18, 2017 at 07:43
Členom od Dec 11, 2017
229 príspevkov
Although the pair strong bearish trend seems slow down, but with uncertainty on Brexit, I'm expecting further decline towards below support level 1.3300.
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